47 Silvermere Drive

    47, SILVERMERE DRIVE, RYTON, NE40 3HA

    This terraced leasehold property on Silvermere Drive last sold in September 2023 for £137,000. Based on price growth in the NE40 district since then, its estimated current value is £131,121 — placing it in the 9th percentile nationally and the 26th percentile within NE40. The property covers 45 m² (484 sq ft), giving an estimated value of £2,914 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    45 m²

    (484 sq ft)

    Last Sale Price

    £137,000

    Sept 2023

    Estimated Valuation

    £131,121

    Est. £/m²

    £2,914/m²

    £271/sq ft

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area45 m² (484 sq ft)
    EPC dateApr 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Sept 2023

    £137,000

    9 Feb 2018

    £120,000

    24 Jul 2015

    £108,000

    3 Mar 2010

    £95,000

    28 Jul 2006

    £118,950

    5 Dec 2003

    £87,000

    19 Oct 2001

    £54,000

    19 May 1995

    New build

    £42,600

    Key Metrics

    Estimated valuation£131,121
    Value per m² / sq ft£2,914/m² (£271/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE40 district percentile26th percentile
    National percentile9th percentile

    District Context — NE40

    NE40 covers areas in the south-west of the North East region, broadly centred on communities between Newcastle and the rural fringes. It is a mix of suburban residential neighbourhoods with moderate affordability and a stable, family-oriented character.

    Average Property Price - NE40

    £197,716

    11

    National percentile

    Average Net Household Income - NE40

    £37,048

    44

    National percentile

    10-Year Annualised Price Growth - NE40

    3.2%

    36

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE40

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